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Kinder Morgan's change in inventory for the quarter that ended in Jun. 2024 was $10 Mil. It means Kinder Morgan's inventory declined by $10 Mil from Mar. 2024 to Jun. 2024 .
Kinder Morgan's change in inventory for the fiscal year that ended in Dec. 2023 was $188 Mil. It means Kinder Morgan's inventory declined by $188 Mil from Dec. 2022 to Dec. 2023 .
Kinder Morgan's Total Inventories for the quarter that ended in Jun. 2024 was $537 Mil.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kinder Morgan's Days Inventory for the quarter that ended in Jun. 2024 was 31.92.
Inventory Turnover measures how fast the company turns over its inventory within a year. Kinder Morgan's Inventory Turnover for the quarter that ended in Jun. 2024 was 2.86.
Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Kinder Morgan's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.15.
The historical data trend for Kinder Morgan's Change In Inventory can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Kinder Morgan Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Change In Inventory | Get a 7-Day Free Trial | 4.00 | 16.00 | -202.00 | -183.00 | 188.00 |
Kinder Morgan Quarterly Data | ||||||||||||||||||||
Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | |
Change In Inventory | Get a 7-Day Free Trial | 13.00 | 29.00 | 58.00 | -17.00 | 10.00 |
Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.
Change In Inventory for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $80 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Kinder Morgan (NYSE:KMI) Change In Inventory Explanation
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Kinder Morgan's Days Inventory for the quarter that ended in is calculated as:
Days Inventory | = | Average Total Inventories | / | Cost of Goods Sold | * | Days in Period |
= | 542.5 | / | 1551 | * | 365 / 4 | |
= | 31.92 |
2. Inventory Turnover measures how fast the company turns over its inventory within a year.
Kinder Morgan's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as
Inventory Turnover | = | Cost of Goods Sold | / | Average Total Inventories |
= | 1551 | / | 542.5 | |
= | 2.86 |
3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Kinder Morgan's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as
Inventory-to-Revenue | = | Average Total Inventories | / | Revenue |
= | 542.5 | / | 3572 | |
= | 0.15 |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Thank you for viewing the detailed overview of Kinder Morgan's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Dax Sanders | officer: V.P., Corporate Development | 1001 LOUISIANA, SUITE 1000, HOUSTON TX 77002 |
Sital K Mody | officer: V.P. (Pres.,Nat Gas Pipelines) | 1001 LOUISIANA STREET SUITE 1000, HOUSTON TX 77002 |
Thomas A Martin | officer: VP (Pres., Natural Gas Pipeln) | 1001 LOUISIANA, SUITE 1000, HOUSTON TX 77002 |
Michael C Morgan | director | 1001 LOUISIANA, SUITE 1000, HOUSTON TX 77002 |
John W Schlosser | officer: V.P. (President, Terminals) | 1001 LOUISIANA, SUITE 1000, HOUSTON TX 77002 |
Denise R Mathews | officer: VP, Human Resources/Admin/IT | 1001 LOUISIANA STREET, SUITE 1000, HOUSTON TX 77002 |
Anthony B Ashley | officer: VP (President, CO2 and ETV) | 1001 LOUISIANA STREET, SUITE 1000, HOUSTON TX 77002 |
Jesse Arenivas | officer: VP(President, CO2) | 1001 LOUISIANA, SUITE 1000, HOUSTON TX 77002 |
Gary Hultquist | director | 1001 LOUISIANA, SUITE 1000, HOUSTON TX 77002 |
Deborah Macdonald | director | KINDER MORGAN, INC., 1001 LOUISIANA, SUITE 1000, HOUSTON TX 77002 |
Robert F Vagt | director | 5300 MEMORIAL DR, STE 800, HOUSTON TX 77007 |
William A Smith | director | KINDER MORGAN, 1001 LOUISIANA, SUITE 1000, HOUSTON TX 77002 |
Richard D Kinder | director, officer: Chairman & CEO | 1001 LOUISIANA, SUITE 1000, HOUSTON TX 77002 |
Perry M Waughtal | director | 1001 LOUISIANA, SUITE 1000, HOUSTON TX 77002 |
Kevin P Grahmann | officer: V.P., Corporate Development | 1001 LOUISIANA STREET, SUITE 1000, HOUSTON TX 77002 |
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